Accountancy, asked by 72singhsimari, 11 months ago

Outstanding subscription are shown in
are shown in

Answers

Answered by anusy2850
0

Answer:

Outstanding Subscription at the Beginning: It is that amount of Subscription which due in Previous year and not received in Previous Year. Therefore, It is deducted while ascertaining Subscription received during the Current Year and on the Other hand, it is shown on the Assets side of Opening Balance Sheet.

Explanation:

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